Yes, McDonald’s Could Add More Sizzle

‎DailyFinance:

As one of the world’s best- known brands, McDonald’s is smoking. Its stock has rocketed to a 52-week high of $69.53 a share on Apr. 14, 2010.

That’s quite a leap from its 52-week low of $51 on May 1, 2009. Continued strong fundamentals in the company that operates or franchises 32,500 restaurants in 118 countries are mainly propelling the stock. So what more is there to say that investors don’t already know?

Here’s one big question: Is the stock still a buy — especially for those who missed the big jump — or is it now time to sell on fear that the stock may have already peaked?

See full article from DailyFinance here.

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